Consider the case of a boat's electrical system being designed from scratch.
There will be multiple battery banks (48V, 24V, 12V).
Shore power and solar power will charge the 48V bank.
48V->24V and 24V->12V will happen via step-down chargers. (This could be an MPPT or an Orion).
Should the step-down chargers be isolated or not? Why?
I've seen lots of answers like "if your systems have a common ground than it doesn't matter." or "If you want to keep the ground separate than use isolation", but what I'm curious is: why would you choose to design one way or the other? (Yes, we can assume galvanic isolation for shore power.)